Tishman Speyer Innovation Corp. II (NASDAQ:TSIB) Short Interest Update

Tishman Speyer Innovation Corp. II (NASDAQ:TSIBGet Rating) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 8,900 shares, a decrease of 74.6% from the May 31st total of 35,100 shares. Based on an average daily volume of 36,100 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC increased its holdings in shares of Tishman Speyer Innovation Corp. II by 125.5% during the 4th quarter. Citadel Advisors LLC now owns 2,163,716 shares of the company’s stock worth $21,096,000 after buying an additional 1,203,994 shares during the last quarter. Cantor Fitzgerald L. P. increased its holdings in shares of Tishman Speyer Innovation Corp. II by 101.2% during the 1st quarter. Cantor Fitzgerald L. P. now owns 402,397 shares of the company’s stock worth $3,943,000 after buying an additional 202,400 shares during the last quarter. Saba Capital Management L.P. increased its holdings in shares of Tishman Speyer Innovation Corp. II by 1,090.0% during the 1st quarter. Saba Capital Management L.P. now owns 1,020,671 shares of the company’s stock worth $10,003,000 after buying an additional 934,898 shares during the last quarter. RP Investment Advisors LP acquired a new stake in shares of Tishman Speyer Innovation Corp. II during the 1st quarter worth $4,328,000. Finally, P Schoenfeld Asset Management LP acquired a new stake in shares of Tishman Speyer Innovation Corp. II during the 1st quarter worth $491,000. Institutional investors and hedge funds own 53.87% of the company’s stock.

Shares of TSIB stock remained flat at $$9.79 on Friday. The stock had a trading volume of 45,992 shares, compared to its average volume of 45,515. The stock’s fifty day moving average price is $9.79 and its 200 day moving average price is $9.77. Tishman Speyer Innovation Corp. II has a 1-year low of $9.69 and a 1-year high of $9.95.

About Tishman Speyer Innovation Corp. II (Get Rating)

Tishman Speyer Innovation Corp. II does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more operating businesses. The company was formerly known as TS Innovation II Corp.

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